DESTINY TECH100 INC (DXYZ) Technical Analysis
NYSE:DXYZ • US25063F1075
Current stock price
DXYZ Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to DXYZ. DXYZ has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, DXYZ is a bad performer in the overall market: 76% of all stocks are doing better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month DXYZ has a been trading in the 26.75 - 34.95 range, which is quite wide. It is currently trading near the high of this range.
- DXYZ has an average volume of 1740820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DXYZ is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DXYZ is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DXYZ Weekly and Daily overview Charts
DXYZ Setup Rating and Analysis
DXYZ has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DXYZ Support and Resistance Analysis
24.87
When analyzing the support we notice one important area.
- A support zone ranging from 25.12 to 25.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 37.97 to 37.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
DXYZ Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for DXYZ is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DXYZ is up. |
| ChartMill Relative Strength | 24.94 | NEGATIVE | DXYZ has a low relative strength, it was outperformed by 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DXYZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DXYZ is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DXYZ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.91 | NEUTRAL | The RSI value for DXYZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.46 | POSITIVE | The MACD value suggests DXYZ has a positive trend. |
| Stochastics (14,3) | 90.29 | OVERBOUGHT | The high Stochastics value suggests DXYZ may be overbought. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for DXYZ suggests some volalility. |
| Average Directional Index/ADX (14) | 33.82 | POSITIVE | The high ADX value value for DXYZ suggests a strong trend. |
DXYZ Chart- and CandleStick Pattern Analysis
DXYZ Technicals: Chart, Performance Metrics, Trend & Indicators
34.71
+2.15 (+6.6%)
DESTINY TECH100 INC / DXYZ TA FAQ
What is the ChartMill technical rating of DESTINY TECH100 INC (DXYZ) stock?
ChartMill assigns a technical rating of 6 / 10 to DXYZ.
What is the trend direction for DXYZ stock?
The current trend direction for DESTINY TECH100 INC (DXYZ) is Bearish.
What is the RSI signal for DESTINY TECH100 INC (DXYZ) stock?
DESTINY TECH100 INC (DXYZ) has an RSI value of 69.9124. This indicates that the stock is currently neutral.
What is the short term momentum for DESTINY TECH100 INC (DXYZ) stock?
The short term momentum for DESTINY TECH100 INC (DXYZ) is positive.